Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

2012 marked another remarkable year for Seattle’s luxury residential condominium market. The number of units sold, total dollar volume and price per square foot all rose over 2011. The values of the top ten condo sales also increased considerably compared to last year.

Sales of $1 million-plus Seattle condominium properties increased a modest 2.8% over 2011, from 71 to 73 units. However, the total dollar sales volume increased a sizable 14.4% from $105,709,480 to $120,888,880, while the average price per square foot rose 11.6% from $682 to $761. The average size of a millon+ dollar condo shrunk from 2,281 to 2,212 square feet.

Here’s a look at the Top Ten most expensive Seattle closed condo sales of 2012:

About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. More from this author.

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There is 1 Brilliant Comment

Interesting how few luxury condos we have in Northern Nevada, most of our penthouses go for less than $1.5m. Yeah, we’re nowhere near seattle’s economy but our population is clost to 500,000. Over at my home country in Philippines, condos are just booming with Trump towers leading the way…shaky market right now, IMO.